Hewlett Packard Enterprise Company (HPE) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$30.36
Price Target
$28.71
Target Range
$23.00 — $31.00
Analyst Rating
Hold
Forward P/E12.6x
Trailing P/E-680.7x
Forward PEG—
Implied Growth+2195.0%
Median Target$30.00
Analyst Spread27.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$23
-24.2%
Consensus
$29
-5.4%
Bull Case
$31
+2.1%
HPE Price Target Analysis
Updated May 6, 2026As of May 6, 2026, Hewlett Packard Enterprise Company (HPE) has a Wall Street consensus price target of $28.71, based on estimates from 37 covering analysts. With the stock currently trading at $30.36, this represents a potential downside of -5.4%. The company has a market capitalization of $40.35B.
Analyst price targets range from a low of $23.00 to a high of $31.00, representing a 28% spread in expectations. The median target of $30.00 aligns closely with the consensus average.
The current analyst consensus rating is Hold, with 15 analysts rating the stock as a Buy or Strong Buy,21 rating it Hold, and 1 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, HPE trades at a trailing P/E of -680.7x and forward P/E of 12.6x. Analysts expect EPS to grow +2195.0% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Technology stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+0.8%
Avg Forward P/E34.6x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DELLDell Technologies Inc. | $79.7B | $238.72 | $168.50 | -29.4% | Buy | 23.9x | 43 |
 IBMInternational Business Machines Corporation | $211.8B | $225.74 | $309.64 | +37.2% | Hold | 18.2x | 50 |
 NTAPNetApp, Inc. | $22.1B | $111.74 | $120.50 | +7.8% | Hold | 14.0x | 70 |
 HPQHP Inc. | $19.6B | $21.41 | $19.80 | -7.5% | Hold | 7.5x | 52 |
 CSCOCisco Systems, Inc. | $362.9B | $91.63 | $96.50 | +5.3% | Buy | 22.1x | 73 |
 PSTGPure Storage, Inc. | $22.0B | $66.97 | $86.63 | +29.4% | Buy | 29.2x | 32 |
 STXSeagate Technology Holdings plc | $171.5B | $786.42 | $623.71 | -20.7% | Buy | 53.3x | 52 |
 WDCWestern Digital Corporation | $163.8B | $483.15 | $407.54 | -15.6% | Buy | 53.6x | 61 |
 SMCISuper Micro Computer, Inc. | $20.8B | $34.65 | $46.29 | +33.6% | Hold | 15.6x | 22 |
 INTCIntel Corporation | $567.4B | $113.01 | $77.18 | -31.7% | Hold | 108.4x | 84 |
Upside Potential Comparison
IBMSMCIPSTGNTAPCSCOHPQWDCSTXFull HPE Stock Analysis
Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.
See HPE's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs HPE Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare HPE vs NVDA
Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonHPE — Frequently Asked Questions
Quick answers to the most common questions about buying HPE stock.
What is the HPE stock price target for 2026?
Wall Street's consensus price target for HPE is $28.71, -5.4% from its current price of $30.36. The below-market target from 37 analysts suggests limited near-term appreciation.
Is HPE a buy, sell, or hold?
HPE has a consensus rating of "Hold" based on 37 Wall Street analysts. The rating breakdown is mixed, with 21 Hold ratings making up the largest segment. The consensus 12-month price target of $28.71 implies -5.4% downside from current levels.
Is HPE stock overvalued or undervalued?
With a forward P/E of 12.6012x, HPE trades at a relatively low valuation. The consensus target of $28.71 implies -5.4% move, suggesting the market may be pricing in risks.
How high can HPE stock go?
The most bullish Wall Street analyst has a price target of $31 for HPE, while the most conservative target is $23. The consensus of $28.71 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover HPE stock?
HPE is heavily covered by Wall Street, with 37 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 15 have Buy ratings, 21 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the HPE stock forecast?
The 12-month HPE stock forecast based on 37 Wall Street analysts shows a consensus price target of $28.71, with estimates ranging from $23 (bear case) to $31 (bull case). The median consensus rating is "Hold".
What is HPE's forward P/E ratio?
HPE trades at a forward P/E ratio of 12.6x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy HPE stock?
Analysts are cautious on HPE, with 1 Sell ratings and a price target of $28.71 (-5.4% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do HPE price targets vary so much?
HPE analyst price targets range from $23 to $31, a 28% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $28.71 consensus represents the middle ground.